This is my own opinion too: I feel that as Canadians we are generally coasting on our past accomplishments/echoes of past economic activity. This blinds is to upcoming challenges and existing problems.
For example: we're ignoring the fact that our economy is heavily skewed towards "fake productive" activities like selling the same house back-and-forth to each other, and the Finance industry (an accountant friend tells me that even in Oil & Gas a lot of the "growth" happens through trading unproductive land stakes). The other heavyweight driver of activity is Government, but that can't be sustained if you're not generating value through other industries...
I also think that Canadians have a complacent attitude to daily corruption ("it couldn't happen here - that only happens in those funny tropical countries!"). This means that corruption flourishes just under the surface in many places.
For example: we're ignoring the fact that our economy is heavily skewed towards "fake productive" activities like selling the same house back-and-forth to each other, and the Finance industry (an accountant friend tells me that even in Oil & Gas a lot of the "growth" happens through trading unproductive land stakes). The other heavyweight driver of activity is Government, but that can't be sustained if you're not generating value through other industries...
I also think that Canadians have a complacent attitude to daily corruption ("it couldn't happen here - that only happens in those funny tropical countries!"). This means that corruption flourishes just under the surface in many places.
I think that Avetis Muradyan gives an accurate rundown of this "coasting" mentality in Canada: https://www.palladiummag.com/2019/09/19/how-not-to-build-a-c...